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ValuationELC Group Holdings

ELCG

ELC Group Holdings Ltd is a manpower service provider based in Singapore. Manpower service providers (MSP) serve as a bridge between job seekers and businesses to meet each other’s recruitment needs. Its business consists of the following segments: (i) manpower supply provision of job-matching services through EL Connect App, (ii) manpower contracting provision of cleaning services, (iii) Software as a Service (SaaS) provision of facility management software solution with Taskforce App, (iv) application development sale of custom-made and rebranded license of Taskforce App (White-Label Software), and (v) project management provision of management services for cleaning business. Key revenue is generated from Manpower supply business.

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